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#I am smart! I am not smart about economics or international finance

bhuvanasblog · 1 year

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What can I do with a Bachelor of Commerce?

If you are making Bachelor of commerce as your career choice, then it is a smart decision. It is one of the trending courses after 10+2.

Before learning about the career alternatives available after completing your Bachelor of commerce!! Let's take a look at "What is a Bachelor of Commerce?"

“A Bachelor of Commerce, abbreviated as B com is an undergraduate degree in commerce and related subjects. The course is designed to provide students with a wide range of managerial skills and understanding in streams like finance, accounting, taxation and management”.

Accounting, Economics, Business Law, Taxation, Insurance, and Management are all covered in a bachelor of commerce degree. After completing 12th grade, Bachelor of commerce is one of the most popular courses. It is a three-year course with six semesters. During its study duration, the course covers a variety of topics. Accountancy, mathematics, and economics are the primary subjects of the Bachelor of commerce.

Subjects involved in the course of Bachelor of Commerce are as follows:

· Accounting

· Cost Accountancy

· Economics

· Finance

· Information Science

· International Business

· Management

· Human Resource

· Law

· Marketing Management

· Tourism

Many people wonder, "Am I eligible for a bachelor's degree?" The points listed below can be used to determine their eligibility.

· Candidates must have completed a recognised board's higher secondary test with a minimum of 50%.

· This course is open to candidates with an academic background in science, commerce, or the arts.

Hence, if you think you are eligible for a Bachelor degree I would like to suggest one of the top Commerce college in Hyderabad which is providing top class knowledge. ( https://tapasyaedu.com/best-commerce-colleges-hyderabad.php )

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primorcoin · 2 years

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New Post has been published on https://primorcoin.com/iran-aims-to-roll-out-pilot-version-of-crypto-rial-within-2-months-finance-bitcoin-news/

Iran Aims to Roll Out Pilot Version of Crypto Rial Within 2 Months – Finance Bitcoin News

The government in Tehran is taking steps in preparation of the launch of Iran’s new digital currency, referred to as the crypto rial. The monetary authority of the Islamic Republic hopes to initiate the pilot phase of the project within the next two months.

Crypto Rial to Be Different From Cryptocurrencies, Central Bank Says

Iranian authorities are taking the necessary measures to launch a pilot of the crypto rial as of the month of Shahrivar, according to the Persian calendar, which starts on Aug. 23, Governor of the Central Bank of Iran (CBI) Ali Salehabadi told reporters on Friday.

Quoted by the English-language Iran Front Page news portal, the top executive emphasized that Iran’s digital currency will be different from the decentralized global cryptocurrencies. It is solely designed to “replace the banknotes that the people currently possess,” he noted.

Salehabadi further unveiled that the pilot project will initially cover just one of the country’s regions. The crypto rial, which has been under development for some time, will be eventually introduced to other areas of the Islamic Republic, at a later, unspecified stage.

The CBI announced in April it’s preparing for the upcoming launch of the central bank digital currency (CBDC), after informing Iranian banks and other credit institutions about the regulations that will accompany its introduction. They detail how it will be minted and distributed.

The monetary authority will be the sole issuer of the crypto rial and will determine its maximum supply. According to earlier reports, the coin is based on a distributed ledger system that will be maintained by authorized financial institutions and capable of supporting smart contracts.

The new Iranian currency will be issued under the provisions governing the emission of banknotes and coins and will be available exclusively for transactions inside the country. The CBI will be responsible for monitoring the financial and economic impact of the digital cash and making sure it doesn’t negatively affect its monetary policies.

The central bank also insisted that the state-issued coin will play a role in establishing the presence of cryptocurrency in the country, where payments with bitcoin and the like are not allowed. The announcement of its pilot phase comes as dozens of central banks around the world are considering or already developing their own CBDCs.

Tags in this story

CBDC, cbi, Central Bank, Crypto, crypto rial, Cryptocurrencies, Cryptocurrency, Digital Currency, Iran, Iranian, pilot, pilot phase, pilot project

Do you think Iran will be able to launch the pilot of the crypto rial in the next two months? Share your expectations in the comments section below.

Lubomir Tassev

Lubomir Tassev is a journalist from tech-savvy Eastern Europe who likes Hitchens’s quote: “Being a writer is what I am, rather than what I do.” Besides crypto, blockchain and fintech, international politics and economics are two other sources of inspiration.

Image Credits: Shutterstock, Pixabay, Wiki Commons

Disclaimer: This article is for informational purposes only. It is not a direct offer or solicitation of an offer to buy or sell, or a recommendation or endorsement of any products, services, or companies. Bitcoin.com does not provide investment, tax, legal, or accounting advice. Neither the company nor the author is responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article.

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#Bitcoin #Crypto #CryptoExchange #DEFI #DEFINews #Crypto Exchange #Cryptocurrency Exchange #CryptoPress #decentralized exchange #Finance

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curiosity-killed · 3 years

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Me: my degree is in systems-based international development with an emphasis in sociology and experience in social science research and communications

My work: so how should this organization position itself globally in terms of international debt relief?

Me: ....okay I’m not sure where I lost you but—

#1 #2 #3 #4 #5 #personal #everyone I’ve talked to abt this is like #?? this seems above your pay grade/not in your job description???#and I’m like #Yes. I am Aware.#and yet!!#anyway! it’s fine #it’s fine!#I am making headway #thank you IMF for having a debt relief 101 factsheet #I rlly feel the need to reiterate the point that I left my international Econ class #every time #feeling like my brain was full of tv static #I am smart! I am not smart about economics or international finance

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eretzyisrael · 3 years

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How the West was Lost

Today the world we live in is dominated by a Western alliance that includes the US and much of Europe, along with some smaller players. This alliance is threatened by two major forces: radical Islam, whose most dangerous expression is the revolutionary Iranian regime; and the People’s Republic of China (PRC), still smarting from its oppression by the West prior to its emergence as a great power. I’ll discuss Iran first.

Last week, Iranian drones attacked a ship near the coast of Oman, killing the captain and a crew member. Apparently the motivation was a tenuous Israeli connection. More recently, a ship in the same region was hijacked, and several others were disabled, apparently by a cyberattack. Although Iran denies being connected with any of these incidents, most observers believe that the Iranian regime was responsible for them.

The Iranian regime finances and arms terrorist groups throughout the region, including in Lebanon, Syria, and Yemen. Lebanon, which survived a brutal civil war, an attempt by the PLO to set up a “Palestinian state” within her borders, an Israeli intervention to throw out the PLO, and the systematic murders of members of its government by Syrian agents, has finally been brought to her knees by her exploitation by the Iranian-controlled Hezbollah. The Covid epidemic, and a massive explosion of a cache of Hezbollah’s explosives at the port that leveled a third of her capital city didn’t help.

Israel, which fought a vicious little war with Hezbollah in 2006, now lives in the shadow of 130,000 rockets located in South Lebanon. These rockets, which include ones with precision guidance systems that can strike within a few meters of targets anywhere in Israel, are deeply embedded in the civilian population, including private homes. Israeli defense officials have said that if Hezbollah activates its rockets, the IDF will be forced to employ massive firepower that will essentially destroy the country. The possibility of war breaking out due to escalation between Hezbollah and Israel is a constant threat.

Westerners who visit relatives in Iran or go there for business, educational, or other reasons are often arrested on trumped-up charges and held hostage, either for ransom or political advantage. Sometimes they are tortured. Conditions in prisons for Iranian political dissidents are atrocious, with torture and rape common. Hundreds of Iranians are executed every year, some for serious crimes like murder or rape, but also for “being gay, committing adultery, sex outside marriage and drinking alcohol.” Political opponents of the regime are sometimes charged with spying and executed as well.

Iranian women protesting Islamic dress codes that are forced on them are beaten, arrested, jailed, and tortured. Masih Alinejad, an Iranian feminist now living in exile in the US, was the target of a plot to kidnap her and bring her back to Iran. The plan was foiled by the FBI. Kidnapping and murdering dissidents abroad has been standard procedure for the regime since it came to power in 1979.

The new Iranian president, Ebrahim Raisi, has been nicknamed “the butcher of Tehran,” because of his responsibility for the execution of thousands, possibly tens of thousands, of people during a reign of terror in 1988. Raisi is considered one of the top candidates to succeed Ali Khamenei as Supreme Leader.

Last, but not least, is the regime’s plan to develop nuclear weapons, which is advancing rapidly. Whether such weapons would be directly used – something which is difficult to judge, due to the religious aspects of Iranian ideology – or whether they would be employed as an “umbrella” to shield its more conventional military aggression, it’s likely that the imminent attainment of nuclear capability would greatly change the balance of power in our region, and make war likely. The regime has consistently and explicitly threatened to “wipe Israel off the map,” and Israel takes these threats seriously.

The Iranian regime, while it is economically and militarily weak, has developed means of leveraging asymmetric warfare, which along with its aggressive and even messianic ideology makes it a serious threat – not just to the region, but to the Western alliance and its leader, the US, which it calls “the great Satan.” The threat is immediate in the short term, due to its nuclear program. It is a highly repressive society, and although there is a strong domestic opposition, attempts to overthrow the regime will be (and have been) met with great brutality.

As an Israeli, naturally I am concerned about the local and immediate threat of Iran. But the PRC is a far greater threat to the Western alliance. China is already a nuclear power, and has recently been reported building up its stock of weapons. China’s military and economic power is thousands of times greater than that of Iran, and is every bit as brutal in its repression of internal dissent.

Although China does not publicly announce that the US is Satan, it is quietly moving its pieces – military and economic – on the world’s chessboard to increase its power and influence. It operates an unprecedented system of industrial espionage that has already neutralized the technological superiority of the US. It is building infrastructure throughout the world under its “Belt and Road Initiative” that will not only provide its industries access to markets, but the large debts incurred by the recipients will provide China political leverage over them.

Chinese technology that is used in the most critical communications infrastructure may contain “backdoors” that allow access to traffic on the networks. Everything from mobile phones to PCs to military communications systems have been suspected to be compromised.

The US and other developed countries are experiencing a long-term transition of their economies away from agriculture and manufacturing and toward service-based economies. Manufacturing has moved to China and to other countries, most of which are, or soon will be, in the Chinese sphere of influence. At the time of the outbreak of the Covid-19 epidemic, the US suffered a severe shortage of personal protective equipment and medical devices such as masks and so forth. It was simply not produced in the USA.

China does not (as far as I know) export violent terrorism as does Iran. But it has been engaging in territorial expansionism in all directions. Chinese pressure on Hong Kong and Taiwan make headlines, while China quietly “nibbles away” at Japanese islands, territories under Indian control, bits of Nepal and Bhutan, and so on. In the South China Sea, China has built artificial islands which have greatly extended its territorial waters and provided locations for military installations, including missile silos.

I have not discussed the possible exploitation of the Covid-19 epidemic. Certainly the misinformation and disinformation that was provided by China at the time of its outbreak exacerbated the harm to Western societies. There is even a credible argument that once the disease had become established in Wuhan, authorities there – under the direction of the national government – deliberately allowed the residents of the city to travel worldwide during the Chinese New Year period, knowing that this would spread the disease.

The Chinese strategy is safer and surer, if somewhat slower than the Iranian one. But the West has done little to protect itself, either against the immediate danger of nuclear weapons in the hands of a proven rogue aggressor state, or the long-term combined economic, military, and possibly biological domination of a rising totalitarian superstate. Western nations should be confiscating the Iranian regime’s nuclear toys, reestablishing self-sufficient economies, protecting their technological intellectual property, and strengthening their military forces. They are not doing any of these things.

Instead, the most advanced states of the West are self-destructing over issues of race and gender identity.

Abu Yehuda

#China #Iran #War

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inthedayswhenlandswerefew · 4 years

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Eccentricity [Chapter 2: You Can Run Around Infinite In My Head]

Series Summary: Joe Mazzello is a nice guy with a weird family. A VERY weird family. They have a secret, and you have a choice to make.

Potentially a better love story than Twilight (we’ll let @killer-queen-xo decide when it’s all said and done 😉).

Chapter Title Is A Lyric From: Rome by Dermot Kennedy.

Chapter Warnings: Language, mentions of violence.

Other Chapters (And All My Writing) Available: HERE

Tagging: @queen-turtle-boiii @bramblesforbreakfast @killer-queen-xo @maggieroseevans @culturefiendtrashqueen @imnotvibingveryguccimrstark @escabell @im-an-adult-ish @queenlover05 @someforeigntragedy @imtheinvisiblequeen @seven-seas-of-ham-on-rhye @deacyblues @tensecondvacation @brianssixpence

Please yell at me if I forget to tag you! 💜

Missing In Action

I wish she would stop staring at me.

Lucille sat at the Lees’ usual table and apathetically picked through a heaping salad. (Friday was salad bar day, which I appreciated considerably more than the chicken finger obsession that marred Mondays at Calawah University.) Every once in a while, Rami nudged her and Lucille would spear a cherry tomato with her fork and bite it in half with perfectly even, white teeth. But her large blue-green eyes—they reminded me of webs of seaweed tumbling in the cold, frothing La Push waves—always found their way back to me, strangely focused, inquisitive, perhaps accusatory.

Ben probably told them how much he hates me for whatever nebulous reason and now they all hate me too and I’m going to spend the next two years being death-glared by five ridiculously attractive and somewhat incestuous foster kids.

Chemistry was a three times a week class. Ben hadn’t shown on Wednesday, and I was 99% sure he would skip again today. I spotted him around campus periodically, always from a distance: dropping quarters into a vending machine, clandestinely vaping behind dorm buildings (what self-respecting pre-med student VAPES?!!), browsing YouTube videos in the library next to a tower of unopened textbooks, biology and chem and physics and calculus. He wasn’t home, he wasn’t sick; there was no attempt made to construct any sort of pretext. He was patently avoiding me.

I stabbed moodily at the serrated disks of cucumber in my salad. Jessica was blathering away about the latest season of The Bachelor and ranking the contestants’ eyebrows from best to worst. “...Like seriously, has she never heard of microblading?!”

“For real,” Angela offered, not especially invested but forever a good sport.

Lucille’s eyes settled on me again as she sipped a cup of steaming tea, staring until her forehead crinkled with the effort, staring hard, almost leering.

“What’s her problem?” I muttered.

Jessica shot a glance towards the Lee table and slurped her Sprite. The great mystery surrounding her potential Mormon-ness persisted. “Who? Lucy?”

Only Lucille’s friends called her Lucy. Jessica, a shameless aspiring socialite, presumed she was everybody’s friend unless they explicitly informed her otherwise, which of course no one ever did.

“Yeah,” I answered glumly.

“Maybe it’s your dress.”

“My dress? What’s wrong with my dress?”

Jessica wrinkled her nose and surveyed me as if I were a bug, and not a cute bug like a roly-poly bug or The Very Hungry Caterpillar or whatever. Like a really hideous bug. Like one of those spider-cricket hybrid things that hopped straight out of a hell dimension and into the dark, drippy corners of your basement. “It’s, like, very 1960s. But not in a sexy Woodstock way. In a ‘I’m about to join a hippie murder cult’ way.”

“I got it at TJ Maxx. It was on sale.”

Jessica snorted. “Probably for a reason.”

“That’s it. I’m giving all the hippies in my new murder cult your address.”

She and Angela laughed. Mike and Eric, the missing pieces of our daily lunch puzzle, were preoccupied with a campus protest to convert fried fish day (Thursdays) into tacos day. I sympathized with their efforts, but didn’t feel that my one-week tenure as a Calawah University student gave me much right to go around overhauling the dining hall schedule.

“I doubt she’s actually offended by a dress,” Angela said, nibbling on French fries that shed grains of salt like snowflakes.

Jessica sighed dreamily. “But Lucy’s just so fashionable...and that accent...” She drifted off into some daydream which began—I could only assume—with Lucy’s invitation to go shopping together and concluded with marrying Ben on some lush tropical island in the South Pacific.

Lucille was definitely fashionable, especially today: short black dress with sheer sleeves that ran to her fragile wrists, black polka dot tights, black heeled oxfords, dangling ruby earrings like beads of blood. She would have blended in perfectly at Paris Fashion Week. Rami was wearing a cardigan and khakis, per usual; Joe was in dark fitted jeans and a roomy U Chicago hoodie despite the fact that Forks was at minimum a thirty-four hour drive from the Windy City. What did Angela say his major was? Finance? No, Mathematical Economics. So he’s probably aiming at Chicago for an MBA or Econ PhD someday. Angela had told me that Joe was wicked smart. He better be if he’s entertaining fantasies of grad school at the University of Chicago.

Scarlett had come straight from Fencing Club and was wearing bright pink yoga pants and a t-shirt with the sleeves cut out, sprinkling Hot Cheetos into her open mouth, her blonde hair secured in a tight French braid. You know those girls who are so irrationally, gluttonously, unfairly beautiful that it doesn’t seem possible the genetic lottery could spit out so many winning numbers at once, and you comfort yourself with the certainty that there must be some set of circumstances that would level the playing field—I bet she looks like anyone else without all that makeup, she just has a really good sense of style and knows how to maximize her assets, there are definitely some goofy oversized ears hiding beneath that hair and that’s why she always wears it down—and then one day you run into them wearing sweatpants and a ponytail in the tampon aisle at Walmart and they’re still so perfect it stings you, baffles you, makes you feel like there must have been some divergence in the evolutionary chain because there’s no freaking way you’re the same species? Yeah, Scarlett was one of those girls. Scarlett was the queen of those girls.

Ben was conspicuously absent from the table.

Scarlett’s pink leopard-print iPhone rang and she answered. “Hello?” She turned to Joe. “Dad says you left your phone at home. Do you need it?”

Joe was gnawing his way through his third slice of pepperoni pizza. “No, I’m good, thanks though.”

Scarlett relayed the message. “Dad says he’s going to bring it by just in case.”

“Oh my god, ScarJo, I’m fine! Tell him not to!”

“Dad says he doesn’t trust you and he’s going to be here in fifteen minutes. He’s also bringing the Game Theory homework you left by the hot tub.”

Joe groaned and rolled his lively dark eyes as Rami grinned at him; Lucille was still watching me and entirely oblivious.

“Isn’t it weird that Ben and Lucille have accents?” I asked Jessica. “That they’re from the U.K.? I didn’t think fostering kids was an international thing.”

“It’s not that weird. Dr. Lee is British too. Maybe there’s some kind of exchange system, I don’t know. But you know what I do know?”

“What?” Now my interest was piqued.

She smiled. “That the British accents are hot.”

“Ugh,” I exhaled involuntarily.

“Please get a hobby,” Angela begged Jessica. “Start a YouTube channel. Make care packages for orphans. Grow marijuana. Adopt a cat. I have a shift at the animal shelter this Sunday morning, you want to come with me?”

“Sorry, can’t. I have a temple thing.”

Temple on Sunday. The mystery is solved. She’s a Mormon for sure. I mentally resolved not to let her set me up with anyone unless I was still single on Valentine’s Day. Which, obviously, assuming I’m not dead in a ditch somewhere, I will be.

I gathered up my trash and slung my backpack over my shoulder. “Okay, well this has been a bizarre lunch to be completely honest, and now I have to go to Chemistry so I’ll see you later and hopefully we can brainstorm some more alternatives to Jessica’s current life trajectory on Monday. Because I am not looking forward to being a bridesmaid in these impending Lee nuptials.”

“Oh please!” Jessica lamented. “He doesn’t even know I exist. You, on the other hand...”

I scoffed. “Yeah, he wants to kill me. I truly have a gift.”

They waved as I left. I could feel Lucille’s eyes on me until I reached the door.

Sure enough, Ben wasn’t in Chemistry. I tried not to notice. I drew my atoms, wrote my equations, took my notes diligently and in my favorite sky blue ink. But I felt the emptiness in the chair next to me like a black hole, like an immense and dragging weight, like a snag in the fabric of all those interwoven strands of physics that orchestrate the universe like an immortal puppeteer. Why can’t I forget this guy? Why do I still feel like I’ve met him before?

Halfway through class, I hauled my emergency sweatshirt out of my backpack and pulled it on over my dress, floral and flowing and golden yellow like the sun, the sun that never shines here in Forks. I had liked it plenty under the florescent lights of the fitting room at TJ Maxx, and I had still liked it this morning; but Jessica’s words hummed around in my skull like wasps. The zipper of the sweatshirt was broken, but it accomplished the task of obscuring my dress well enough.

After Chemistry, I journeyed to the campus library to find a book I was supposed to read and present for a different class. I looked it up in the computer catalogue, spent an embarrassingly long time trying to figure out how the Dewey Decimal System works, eventually wound up finding the book on the highest floor of the library...and, to add a little extra peril to the mission, on the highest shelf. The book mocked me from its lofty, unattainable stronghold. The title was embossed in gold letters down the crimson spine. The Walruses And Me: A Transformative Experience. Idiotic title, I’m aware. It’s about some marine biologist who spent months alone in the Arctic studying the lifecycles of walruses. A noble pursuit, sure, but still a terrible title.

There wasn’t a chair or stepstool in sight. I tested my weight by stepping up onto the second-lowest shelf. The metal immediately squealed and shifted in protest. I retreated back down to the carpet, defeated by gravity. I scowled up at the book and sighed melodramatically. Ugh.

“Need something?”

I spun around to see Joe in his University of Chicago hoodie and pale flawless skin and intangible magnetism, that bewildering trademark Lee ethereality. I instinctively crossed my arms, clutching the sleeves of my sweatshirt, shrinking inwards like a startled armadillo in the Arizona desert.

“Are you, uh, anemic...?” he ventured.

“Oh no, I’m not cold. I’m just trying to hide my dress. My friend said it was too hippie-murder-cult 1960s.”

I figured he’d laugh, make a snide comment, maybe just blink in confusion. Instead, he glimpsed down at my dress—what could still be seen of it, anyway—and shook his head. “The neckline isn’t right for the 60s. And you seem like you’ve showered at least once in the past two weeks, so definitely not a hippie.”

I smiled, completely unexpectedly. “I didn’t realize Econ majors knew anything about leftist counterculture.”

“Disparaging it is our favorite pastime. Are you trying to get a book or are you just disrespecting university property for entertainment?”

I pointed. “The big red one.”

“The Walruses And Me...?”

“I know, it’s a horrible title. Not my personal preference. It’s for a class.”

“Bestiality 101?”

“Good guess. Marine Mammals.”

“Ahhh.” He glanced up and down the aisle, tapped his chin with agile fingers, pondered something I wasn’t privy to. “Turn around for a second.”

“What? Why?”

He waved his hand mysteriously in front of his grinning face. “It’s a magic trick. I’m going to make your problem disappear.”

“You can’t climb that,” I warned. “You’ll fall and break your neck. Or you’ll knock the whole shelf over and cause a tragic domino effect and the university will withhold your diploma until you pay them restitution.”

“I’m extremely athletic.”

“Are you sure?” I appraised him with exaggerated skepticism for comedic effect. “My dad refers to you only as the spindly annoying Lee.”

Oh my god, WHY did I say that?

Now he would definitely hate me. Now I’d have two mortal enemies on one campus. I mentally calculated how humiliating it would be to transfer to some Florida college, any Florida college, after only one week at Calawah. Hi mom, yeah I’m coming to live with you and Paul, a gang of hot pasty foster kids wants to slaughter me.

Instead, Joe threw back his head and cackled wildly. A librarian—mid-fifties, angry red hair from out of a box, fuzzy cat sweater—glared into the aisle and shushed him.

“Chief Swan...he actually...he calls me that? Really?!” Joe managed, wiping his leaking eyes. “That’s hilarious. I’m so glad my life is in his hands. Okay seriously, turn around.”

“Why would you help me?” I asked suspiciously.

“That’s just what I do. I’m a friendly guy.”

“This friendliness must not run in the family.”

Again, Joe’s cheerful demeanor didn’t falter. “You mean Ben? Forget about Ben, he hates everyone. Don’t take it personally.” Then he added: “Plus, as I’m sure you know, we’re not biologically related. No overlapping genetic material whatsoever. I didn’t get the male supermodel gene, he didn’t get the irresistibly charming gene, life’s not fair but the world keeps spinning.”

“It sure does,” I agreed softly. Unexpected wisdom from my new favorite Lee. I turned away from him. “Fine, I’m not looking, go ahead and dazzle me with your supernatural friendliness—”

“Done.”

“What?” I whirled around. Joe held The Walruses And Me in his hand. “How...did you...?!”

He passed me the book as I sputtered incoherently. “I told you. Magic trick.”

“I don’t....?!” I gawked up at the top shelf, at Joe, back to the top shelf. Sure enough, the space where The Walruses And Me once lived was now just a vacant slit in the row of dusty books. How could he have climbed up there that quickly? How could I not have heard anything? “The shelves didn’t even creak,” I murmured shakily.

“Yes, well, that’s due to my conveniently spindly physique.” Joe winked. “Any other problems I can help you solve at the moment, Baby Swan?”

“No. And don’t call me Baby Swan, or I’ll push this whole bookshelf over and tell the feisty librarian lady you did it.”

“That’s cold, ma’am.”

I liked that Joe didn’t make me feel like Ben did: unworthy, unloved, infuriating. Joe made me feel something else, something lighthearted, casual, buoyant; like the world didn’t have anything in it worth worrying about, regretting, agonizing over. Like unadulteratedly myself was all I ever needed to be.

I heard a muted buzz and Joe slid his iPhone out of his jeans pocket. Dr. Lee must have successfully delivered it. “Whoops, I forgot that Ordinary Differential Equations existed. Got to go. See ya.”

“Bye,” I replied. And then Joseph Lee was gone, very quickly, a little too quickly, the same way that Ben had vanished on that first afternoon after Chemistry.

Forks is weird. Calawah University is weird. And the Lee kids are super fucking weird.

Long Walks On The Beach

“Can I ask you a random question?”

“You just paid me $100 for an oil change that took fifteen minutes. You can ask me anything you want.” He grinned, flashing bright teeth and deep dimples.

It was Saturday afternoon. I had shoveled down a Chipotle veggie bowl as Archer changed the 1999 Accord’s oil in a small garage with a cracked concrete floor and the searing pungency of gasoline fumes thick in the air. He had apprenticed all through high school and rented his own shop after graduation. Archer now had a loyal clientele that encompassed virtually the entire Quileute reservation and a growing chunk of Forks...including Charlie and me, of course. Archer was the only child of Larry Foxchild—Charlie’s best friend since they worked together at Dairy Queen as teenagers—and the closest thing to a son my dad would ever have. I guess that made him like a brother to me, something that seemed intuitive now that I’d thought of it.

After the Accord was serviced we drove it down to La Push to walk on the beach, climb the salt-lashed rocks, toss pebbles into the roiling surf, reprise our childhood enthusiasm for poking dead washed-up marine creatures with shards of driftwood.

“Do you know anything about the Lees?” I asked Archer, investigating a deceased green shore crab.

His brow furrowed. He looked so serious like that, suddenly so much like Larry: the same tan skin, jet black hair, umbral eyes like oil wells, strong jaw overlaid with the stubbled shadow of a beard. We really aren’t kids anymore, are we? “The doctor and his kids?”

“Yeah. The foster kids. They’re really pale and strange and half of them are British.”

Archer chuckled. “I know who you mean. They’re hard to miss.”

“Are they...” Just eccentric rich people? Traumatized from abusive childhoods? Government experiments? CIA agents? Secret murderers? The image of Ben in that first Chemistry class came roaring back to me, including the adjective that had flashed red behind my eyes like an emergency exit sign: fierce. Finally, I decided: “Dangerous?”

Now Archer full-on laughed, gripping his belly, shaking his head. Drops of saltwater flew from his short hair. “Seriously?!” he exclaimed. “Come on, they’re freaks but they’re not, like...that kind of freaks.”

“Are you sure?” I was starting to feel better already. Of course they’re not actual demons, you fucking idiot. This is Washington, not The Twilight Zone or Black Mirror. Not goddamn American Horror Story.

“Yeah.” Archer skipped a grey pebble over the water, something I’d never been able to do. “I’ll be honest, I don’t know them all that well. They usually keep to themselves. But I’ve never heard anything bad about any of the kids. And everyone respects Dr. Lee and appreciates him for taking the pay cut to come to some bumblefuck town like Forks. He’s insanely highly credentialed, has degrees from Harvard or Yale or somewhere like that. Super impressive. We’re lucky to have him. I definitely sleep better at night knowing he’ll be the one to fix me up if I ever get a few fingers ripped off on the job.”

“Don’t even say that. Then who would I grossly overpay for oil changes?”

Archer smiled, then sobered as he peered out over the Pacific Ocean.

“What?” I asked, feeling a plummeting in my guts like primal fear.

“Well...okay, so there is one thing that’s always bothered me. You remember Grandpa Foxchild?”

“Yeah, of course.” He had been an impossibly ancient man with long grey braided hair, a low rumbly voice, gnarled arthritic hands, ceaseless wrinkles. I remembered Charlie calling me when he passed away last spring. Renee and I had picked out a flower arrangement to send to the funeral.

“So,” Archer said slowly, like he was still puzzling it out himself. “Grandpa used to say things like ‘That Dr. Lee has been around a long time.’ Which of course makes no sense, the Lees moved here like two years ago. And I’d tell Grandpa that, but he completely ignored me. He would just keep repeating it. ‘That Dr. Lee shouldn’t still be here.’ ‘That Dr. Lee should go on home to where he came from.’ ‘That Dr. Lee isn’t right.’ Creepy shit like that. My dad and I always assumed it was the dementia talking, but...I don’t know. It just bothered me. Because Grandpa...he wasn’t just being gossipy or suspicious. He was angry. And he was afraid. Grandpa was at Guadalcanal and Iwo Jima and he would talk about that no problem, mention landmines or flesh melting off a soldier’s face like it was nothing. He was a tough guy. Immeasurably tough, I’ll never be half the man he was. But if you mentioned the Lees, Grandpa got scared. Why the hell would he be so scared of them?”

I didn’t have an answer for him, not a single word. I just stared at Archer, my eyes growing huge, my heart sprinting, blood pounding in my ears. He knew. Grandpa Foxchild knew there was something off about them, and now I know it too. I don’t know how I know, but I do.

Archer tittered nervously. “Anyway, that was genuinely disturbing. But like I said. It was probably just the dementia.”

“What if it wasn’t?”

“It had to be,” he insisted. “There’s no other logical explanation.”

“I guess,” I agreed, scooping up the green shore crab corpse with my bare hands. I hurled it out into the waves, imagined it sinking through murky water and suspended grains of sand, the body settling into prehistoric silt, the scavengers descending upon it, the inescapable wheel of birth and death and resurrection through those who unwittingly carry our atoms with them into the next generation, into the perpetual future.

That night my dreams were full of pale skin and scorching eyes, Ben and Joe and Rami, Lucille and Scarlett, crashing waves, cold water and bleached bones; and Grandpa Foxchild’s mistrustful refrain: That Dr. Lee has been around a long time.

Benjamin

I soared down the staircase and through the dining room. Gwil was working late at the hospital, Mercy outside tending the animals, everyone else presumably scattered throughout the house. I had to get out before anyone noticed me. I had to get out without Rami or Lucy knowing.

I yanked open the door to the back porch. Rami was waiting there.

“Good evening,” he greeted me in that slow, thoughtful drawl.

“Stay the fuck out of my head.”

“You know how it works, Benny Boy. I can’t ignore the loud thoughts. And you’ve been having some very loud thoughts lately.”

I stared down at my shoes, all black Adidas. Black is good. It doesn’t show stains. For example, purely hypothetically, splatters of human blood and organs. “I can make it quick. I can make it painless.”

Rami’s aura flared maroon; not enraged, no, not quite that, but certainly revolted. I was always finding new and horrifying ways to revolt them, whether I was trying to or not. “She has a family, Ben. A father. You know Chief Swan, you’ve seen him around town. He’s a good person. She’s a good person. You really want to do this? You really want to relapse like this?”

I didn’t reply. I didn’t have to. Hearing thoughts is a tricky thing, and not a gift that I would ever want; unspoken words are rarely a steam and usually a storm, disjointed and twisting, interrupting each other, bottomless layers of whispers and screams. But I was sure Rami could catch the important parts: that I didn’t know the difference between good and bad people, that I didn’t know what to think of people at all, that for me her blood was not a desire but a compulsion. I couldn’t stop envisioning it spilling over my tongue and teeth, down my throat, hot and pulsing erratically and fading. “Why can’t you hear her? Why can’t I see what she’s feeling?”

Rami shrugged, characteristically placid and restrained. It was maddening. “There are seven and a half billion people on this planet. So maybe every once in a while you get one that lives in our blind spots, there’s something chromosomal or psychological that puts them on a different frequency. I don’t know. How the hell should I know? All I know is that you definitely shouldn’t be seriously considering...well. What you’re considering.”

“Have you ever met someone whose thoughts you couldn’t hear before?”

“No,” Rami admitted; and was that a ghost of unease that crossed his face?

“Please, Rami. Let me go. Pretend you never saw me.” My words come out strained, hushed, like a spilled secret, like a confession. I’ve never wanted anyone’s blood like I want hers.

He heard that; I could see the dismay in his eyes. Now his aura is dark grey, almost black. Disappointment. Resignation. Mourning. “I told you what Lucy saw.”

“What she saw is impossible and you know it.”

Again, Rami shrugged. That blind, mindless faith. I wished I knew what it felt like. “She’s never wrong.”

“Have you told him?”

“Who, Joe?! Of course I haven’t told Joe. He...”

“He wouldn’t believe it either?” I snapped, like it was a victory.

“No,” Rami amended carefully. “No, he would believe anything Lucy saw.” Lucy had visions: flashes of the future, the past, the present. They were rare and unpredictable, often fragmented, snapshots rather than arcs. But they were always true. Or, rather, the other Lees claimed they were. The real Lees. “I don’t know what he would do about it,” Rami said finally. “So I’m waiting it out. And killing one of the primary participants is definitely not waiting it out.”

I seethed as I glared at him, hating him in that moment, hating myself only slightly more; and he heard that too. But then that wispy, fleeting haze around him was a pink like the last threads of sunlight sinking into the Western horizon. Forgiveness. Attachment. Love.

“Come with me, Ben,” Rami said gently, opening the door. “Come back inside. You can beat this. You’re better than this. You’re a good soul. You wouldn’t be with us if you weren’t.”

I tried to laugh. It came out like a snarl. “I haven’t had a soul in a long time.”

#joe mazzello fic #joe mazzelo x reader #borhap #borhap fic #borhap cast fic #twilight au #twilight #supernatural au

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nooralrayees · 3 years

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Qintar To Lend a Hand to Disenfranchised Palestinian Families

Qintar is proud to announce a social responsibility campaign of which aim is to help the families affected by Israeli aggression in Gaza.

Qintar Crosschain Ecosystem operating from Dubai is a rapidly expanding its ecosystem throughout the entire GCC market. The company started its journey with the aim to reshape the face of Islamic finance by creating a decentralized and equal lending/borrowing opportunity for the whole Islamic world and even the rest of the world in compliance with Shariah.

Joe Barzaq, the CEO of Qintar Crosschain, says Qintar operates under a code of conduct borrowed from the theory of Islamic Finance, which in essence means fair access to financial opportunities for everyone with an equal share of risks and gains. The theory of Islamic Finance strongly opposes predatory lending and strives to create a win-win environment for both the borrower and lender. With this purpose in mind, the company started a feature-filled ecosystem — an Ethereum and Binance Smart Chain crosschain platform with advanced tools for decentralized lending and staking, operating under the financial rules of Islamic Banking in accordance with Islamic principles.

“The challenge is how to make a world a better place for humanity, to build a new international order of peace, progress, and prosperity for all sections of society”

And in accordance with these exact same principles, he says that they see it as their duty to lend a hand to those in need.

As you may know, Israeli attacks in April and May killed hundreds of people including men, women, and children; injured thousands of people; left tens of thousands of people homeless. Now Palestinian people, who have already been suffering economic hardships under the Israeli siege, are more vulnerable than ever with thousands of buildings destroyed, schools and hospitals damaged, vital infrastructure crippled.

“As a company following the Islamic principles of ethics, we feel the obligation to do what little we can to help them not only as fellow Muslims but also as fellow human beings siding with the oppressed and opposing violence”

In this vein, the company is distributing food parcels to the families affected by Israeli aggression in Gaza with the hope to at least mend some of their hurts in these trying times in collaboration with their partner Youth Development Association — a Palestinian non-governmental organization founded by a young Palestinian group specializing in youth work, focusing on programs to train young leaders, and promoting volunteerism and youth empowerment in order to enhance their role in building the Palestinian civil society. “They have already been doing a remarkable job helping the youth of the country. I am confident that our partnership will prove fruitful and yield excellent results” Barzaq added.

Watch video of the campaign:

https://youtu.be/nevNAP6ZRNM

About Qintar crosschain ecosystem

Introducing QIN Token

QIN is the governance token of Qintar Crosschain Islamic Finance DeFi Ecosystem. Qintar

Crosschain Platform is a feature-filled ecosystem with advanced tools ranging from

decentralized lending and staking platform operating under the financial rules of Islamic

Banking.

More about Qintar crosschain ecosystem

Contact info

Qintar will start public sale of QIN token on Emirex soon. Apply for whitelisting here: https://bit.ly/3w2OiHU Join Us! Qintar Official Website: https://qintarcoin.org Twitter: https://twitter.com/QintarFinance Telegram: https://t.me/QintarFinance Medium: https://medium.com/@qintarcoin Github: https://github.com/Qintarcoin/qintardefi Smart Contract: https://etherscan.io/token/0x34b9ea4b9d6776db6efcedaf03ae3e290a2661d2

#qintar #finance #human rights #coin #cross chain

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berniesrevolution · 5 years

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I ask Shahid Buttar, who is running as a progressive congressional candidate against Nancy Pelosi, to explain why he wants to unseat a leader of the Resistance. What would he say to a Democrat who wondered if she was all that bad? It’s simple, he says. “She funded Trump’s concentration camps, she imposed Republican fiscal austerity rules, she is an architect of mass surveillance, and she opposes the progressive agenda including Medicare for All and the Green New Deal… I have to pick and choose,” he says, telling me he could easily give me 10 more arguments.

For Buttar, it’s simple: A new generation of progressives demands urgent, serious action on climate change, healthcare, immigration, economic inequality, and criminal justice. Nancy Pelosi has made it clear that she is opposed to their agenda. She mocks and belittles them. (“The green dream, or whatever they call it, nobody knows what it is, but they’re for it, right?”) The stakes are too high to have the leader of the Congressional Democrats be someone who isn’t seriously fighting for the progressive agenda.

Furthermore, Buttar says, Pelosi represents San Francisco, one of the top 10 most Democratic districts in the country. The arguments for centrism that might apply to a swing district don’t hold there. San Francisco, Buttar says, needs someone with San Francisco values: “We’re a sanctuary city, we care about immigrant rights, but we’re represented by someone who is selling immigrants down the river. We’re a city that supports social services but we’re represented by a Speaker of the House who imposed Republican fiscal austerity rules.”

Of course, it’s also the case that the city has gentrified heavily, and I wonder whether the influx of tech workers might make it harder for Buttar to sell a working-class populist message. But Buttar says that tech workers are more left-leaning than the companies they work for, and he believes many feel the sense of “crisis and pressure” that he understands and his opponent doesn’t. “They’re sophisticated enough to know that their economic privilege can’t insulate them from the vagaries of climate catastrophe, so they recognize the need for a transition.” Buttar emphasizes his plans to appeal to young people who feel unrepresented by Pelosi’s brand of big money politics.

There have been primary challenges against Pelosi before, including a brief threat by Cindy Sheehan in 2008 and Buttar’s own previous candidacy in 2018. Nobody has come close to toppling the Democratic “fundraising juggernaut.” Buttar thinks it will be different this time. The victory of Alexandria Ocasio-Cortez against Joe Crowley, one of the highest-ranking House Democrats, showed that well-funded incumbents with a lot of pull in Congress might still be vulnerable, if they have lost touch with their local constituencies. Buttar thinks that’s exactly what has happened in San Francisco.

Buttar has a unique background. Born in the U.K. to Pakistani parents fleeing persecution, he became a civil liberties lawyer and has worked on cases related to: marriage equality, campaign finance laws, racial profiling, and digital rights. After the passage of the PATRIOT Act, he led the Bill of Rights Defense Committee, and he has served since 2015 as Director of Grassroots Advocacy for the Electronic Frontier Foundation. He has both led street protests and taught at Stanford Law School. Buttar is also a poet and DJ—listen to his mixes here!—and, I can confirm from several days of observing him, tends to sport colorful clothing including paisley scarves (of which I strongly approve).

Buttar is smart, committed, and has a strong record of activism. As someone who has been working to organize immigrants and artists, he is a sharp contrast with the vineyard-dwelling Pelosi. As he says: “I first moved to San Francisco in the 2000s, when she was funding Bush’s wars and I was organizing street protests to try to stop it. I saw her sweep CIA torture under the rug.” (In fact, Pelosi flat-out lied and said she hadn’t been told that torture was being used, then later admitted that she had been, and had failed to do anything to oppose it.) The torture issue, he says, was an important test, and Pelosi failed, by showing an “unwillingness to seek executive accountability even when her partisan interest aligns with the constitutional responsibility and international law.”

I am sure many leftists will be impressed by Buttar as they read more about him and hear him speak. But whether they’re going to believe in him is a different question. Everyone I talked to at the recent DSA convention was dubious about his electoral prospects. Justice Democrats has so far declined to endorse him. Jacobin, even in a sympathetic profile, says it “won’t be an easy fight.” Others seem to think he has no chance at all, saying that the best hope is that “if some of his positions force the Speaker to modify hers, there is some solace in that.”

(Continue Reading)

#politics #the left #shahid buttar #nancy pelosi #democratic party #progressive #progressive movement #current affairs

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armeniaitn · 3 years

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Tigran Avinyan attends 2021 EBRD Annual Meeting via videoconference

New Post has been published on https://armenia.in-the.news/politics/tigran-avinyan-attends-2021-ebrd-annual-meeting-via-videoconference-75916-03-07-2021/

Tigran Avinyan attends 2021 EBRD Annual Meeting via videoconference

On July 1, 2021, Acting Deputy Prime Minister Tigran Avinyan participated in the 2021 Annual Meeting of European Bank for Reconstruction and Development (EBRD) Board of Governors. At the plenary session, Tigran Avinyan acted as Deputy Chairman of the plenary session. The Acting Deputy Prime Minister presented Armenia’s message on the issues discussed at the plenary session.

Addressing the meeting, Tigran Avinyan stated: “Honorable Mr. Chairman, Esteemed Madame President, Distinguished Governors and Delegates, Ladies and Gentlemen,

I am very delighted to deliver an address on the 30th Jubilee Meeting of the EBRD․ It is really a great honor and privilege to serve this year in a dual role – sharing the chairmanship of the Board of Governors with honorable colleagues Mr. Donohoe and Mr. Umurzakov, and address on behalf of Armenia in this very important meeting.

My first lines are to praise the EBRD for its 30th anniversary in its incredible path of investing in better transition of the region. During 2020 the Bank proved once again that it meets the challenges of the moment. We witnessed how effectively it launched the Solidarity package to respond to the impact of the Covid-19.

Dear Colleagues,

We have built together solid transition stories. Meanwhile, new realities require rephrasing goals and reshaping instruments. The Strategic and Capital Framework 2021-25 (SCF) is already underpinned by fundamentally crucial areas of engagement. Under the “BUILD BACK BETTER” paradigm it envisages a transition to a low-carbon and green recovery, inclusive development, accelerating digital transformation.

These ambitious goals are to be delivered through high quality investments and high quality transition impact. Meanwhile, the post-pandemic uncertainties may pose challenges. Here, I believe the Bank will be absolutely able to effectively operationalize its strengths of always being adaptive, prompt and innovative.

As in all over the world, the Covid-19 pandemic caused serious short- and medium-term vulnerabilities for Armenia. The country closed the year with -7.4 percent decline of the GDP. The combined anti-crisis package for 2020 is estimated to be around 4 percent of GDP. We greatly value an excellent job done by the EBRD to help the Government in its efforts towards tackling the consequences of the Covid-19.

While entering the path of post-crisis recovery, we are designing our agenda of building more competitive and vibrant economy, inclusive and sustainable future. Absolute priority is to build essential grounds and deploy supportive structural reforms for innovation-led and climate-friendly green recovery.

Very ambitious package of broad-based digitalizartion and GovTech solutions also stand of highest priority. We welcome the elements and priorities of the EBRD’s build back better agenda, well aligned with our national priorities.

Esteemed colleagues,

Beyond Covid-19 pandemic, there is another serious challenge we all face. Climate crisis is no more a prerogative of science. It is a pressing policy issue and should be a cornerstone to rebuild behavioral patterns of the economy and markets around.

The climate crisis is essentially the consequence of failures. Through setting out 3 new developments in Climate Ambition, in particular, alignment with the Paris Agreement, accelerated de-carbonization of the energy sector, and support for low carbon and climate resilient strategies, the EBRD excellently proves to be the institution for transition impact.

Crucial is to understand whether all share similar ambitions, goals, capacities and opportunities at national level to exploit necessary actions towards more low carbon and green recovery. To avoid the potentially catastrophic climate trajectory, Armenia takes active steps to rethink development patterns and accelerate actions towards transition to a more resilient and low-carbon economy.

Our goals are reflected in the newly adopted 2021 Nationally Determined Contributions. The country’s new mitigation goal by 2030 is equivalent to 40 % reduction compared to the level of emissions in 1990, mainly driven by the energy sector. By 2030, we target 15 % of solar energy share in total energy production, and the share of zero-emission power generation in the total will be about 54 %.

Relevant financial instruments and policy mechanisms are vital to ensure the successful path from the intention to implementation. We reiterate our readiness to cooperate with the EBRD to mobilize at scale climate finance. Armenia in general welcomes the EBRD’s Climate Ambition aimed at making low carbon development a behavioral model of the future.

Dear colleagues,

We believe that all the important topics, critically affecting the future economic architecture of the region, cannot be effectively ensured without strong democracies, stability and peace. To this end, the international community and institutions, including the EBRD, should be more pursuant in condemning any kind of violation that cause humanitarian threats and endanger resilience of the region.

Dear colleagues,

This meeting should be sensed as extremely unique. The decisions we will make today, will have a landmark impact on the way we collectively think and act towards future transition and transformation of the future. I wish the Presidency of the Bank and the team a great success, strength to cope with yet unseen challenges, wisdom to bring smart consolidation around new ambitions.

I would like to convey my sincere appreciation to the EBRD President, Mme Odile Renaud-Basso, the Secretary General, Mr. Enzo Quattrociocche, as well as the management team for their efforts of arranging the Virtual Annual Meeting at such volatile times. I would like to also express sincere gratitude to our Constituency for an accomplished year and being always an excellent team.

The EBRD is and will remain a very important partner for Armenia.”

To remind, Armenia should have hosted the EBRD 2021 Annual Meeting of the Board of Governors. However, due to the global pandemic, the EBRD Board of Governors decided to hold it online this year, while the Yerevan annual meeting will be held in 2024.

The annual meeting features special investment sessions (investment outlook session), where individual countries present their investment opportunities. The event is a good opportunity for the business community to establish new contacts with more than 2,000 representatives of financial and corporate executives, high-ranking government officials and others.

During the event, a high-level dialogue is held on topical issues; decisions are made on the Bank’s development strategy.

Read original article here.

#Armenia #Covid-19 #Yerevan #Politics

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primorcoin · 2 years

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New Post has been published on https://primorcoin.com/iran-will-not-allow-crypto-payments-prepares-to-pilot-digital-rial-finance-bitcoin-news/

Iran Will Not Allow Crypto Payments, Prepares to Pilot Digital Rial – Finance Bitcoin News

Iran will not recognize cryptocurrencies as a means of payment, a high-ranking government official has indicated. His statement came as the Central Bank of Iran announced rules for the issuance of digital coins in the country. These are meant, however, for its own “crypto rial,” the pilot phase of which should start in the near future.

Accepting Cryptocurrency for Payments Is a Red Line, Iranian Minister Says

Cryptocurrencies like bitcoin will not be treated as legal tender in the Islamic Republic of Iran. Discussing regulatory matters related to the storage and exchange of cryptocurrencies, Iran’s deputy minister of communications, Reza Bagheri Asl, emphasized:

We do not recognize payments with cryptocurrencies.

The government official was commenting on the latest resolution by the Digital Economy Working Group regarding crypto assets. He pointed out that the use of any foreign currency is outside the sovereignty and against the monetary and banking law of Iran.

“So, we will by no means have any regulations recognizing payments with cryptocurrencies that do not belong to us,” Bagheri Asl elaborated, quoted by the Iranian financial news portal Way2pay. “Iran has its own national cryptocurrency, so no payments will be made with non-national cryptocurrencies,” he insisted.

The deputy minister added that in order to prevent risks for the Iranian citizens, digital asset exchange in the country will be subject to a set of rules similar to those that apply to the stock market and other currencies. “Cryptocurrencies must be regulated and banking systems must be observed,” he added.

Central Bank of Iran Shares Details About Digital Rial Project

Tehran authorities have in the past considered allowing Iranian business to use decentralized digital currencies for settlements with foreign partners as a way to circumvent Western financial sanctions. What they are focusing on at the moment, however, is the launch of the digital version of the nation’s fiat currency, the rial.

The Central Bank of Iran (CBI) has recently informed banks and other credit institutions about regulations related to the “crypto rial,” which has been under development for some time. They apply to the minting and distribution of the central bank digital currency (CBDC). The CBI will be its sole issuer and will determine the maximum supply.

According to Way2pay, the digital currency is based on a distributed ledger system that will be maintained by authorized financial institutions and capable of implementing smart contracts. The infrastructure and the guidelines for the CBDC have been finalized and it will be piloted in the near future, the publication unveiled.

The crypto rial will be issued under the legal provisions governing the emission of banknotes and coins, the report noted. The CBI will be monitoring the economic impact of the digital currency and managing its effects in accordance with the authority’s monetary policy. Users will be able to make transactions with the CBDC only within the territory of Iran.

Tags in this story

Authorities, CBDC, cbi, Central Bank, Crypto, crypto regulations, crypto rial, Cryptocurrencies, Cryptocurrency, digital rial, Government, guidelines, Iran, Iranian, minister, pilot, Regulations, rules

Do you think the Iranian government can change its stance on cryptocurrencies like bitcoin? Share your thoughts on the subject in the comments section below.

Lubomir Tassev

Image Credits: Shutterstock, Pixabay, Wiki Commons

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